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mickelson forced to apologize for saying he plans to make drastic changes because of the new tax laws. >>> plus, a major development in the petraeus sex scandal. >>> and prince harry brags about killing taliban soldiers. has he actually put the british people in danger? overmany discounts to thine customers! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. more discounts than we knoweth what to do with. now that's progressive. good morning, turtle. ♪ my friends are all around me ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> our second story "outfront," phil mickelson's mulligan.
, of course, in the middle east. but up first, the biggie, taxes. here's christine romans. >> reporter: the challenge, tax reform. for the first time in 20 years, taxes are going up for the rich. they'll pay a higher top marginal income tax rate, higher taxes on dividends and capital gains and a higher estate tax rate, but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in the society, very tiny percentage. i frankly think that there are more taxes coming and they will bite deeper into the middle-class. >> reporter: in fact, two-thirds of americans will pay higher taxes in 2013. the tax fight for the middle-class comes from the end of the payroll tax cut, a temporary tax break that wasn't renewed in the fiscal cliff deal. >> the irs tax code is still a nightmare. it's too complex. too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than a trillion dollars a year in tax breaks, but republ
to go up. it could mean higher taxes and more cults to programs and services from the government. any hope for a controlled fix to our debt problem would be compromised. failing to pay for what we've already spent would be hazardous to the fragile economic recovery now gaining steam. just this week we got a reading about construction of new homes. it jumped 12.1% in december compared to the month before. that's the highest in more than four years. first-time claims for unemployment benefits fell to a five-year low. and the stock market that you invested in your 401(k) and i.r.a. is hitting five year highs. things are okay. defaulting on our fiscal obligations would hit the economy harder than that cliff we narrowly avoided and will face again. a report put out by jpmorgan in 2011 exploited the myth going around a few missed payments would be no big deal. they said any delay by the treasury would have ripple effects similar to the aftermath of the lehman brother collapse. not sure that's true but it's serious. this is all caused by the dell ceiling. the u.s. is the only other country o
this coming term if we move towards any tax reform measures. senator john tester since 2007, just looking at all of the members of the delegation that are here and there we are seeing more of the some 200 animals that we've been hearing so much about. >> you can mark four off the list. >> exactly. >> senator tester is glad to be in this parade. he got re-elected. >> after a tough battle, that's for sure. >> this is the wind river dancers, the wind river reservation all the way from wyoming. they are here to honor all of us with their performance. $6,000 short of their scaled-down fundraising. they are marching anyway and doing an excellent, excellent job. right now i want to welcome our viewers in the united states and around the world. i'm wolf blitzer here in washington, d.c. we're right across from the president of the united states on the reviewing stand. there it is, the reviewing stand on the north lawn of the white house. kate bolduan is here, jim acosta is here and we're in "the situation room," a special edition of the situation room watching the wind river dancers from the wind
approval that plunges, now standing at just 14%. the president insisted on higher taxes for the wealthy. part of his campaign designed to cast mitt romney as out of touch. his victory sealed, this president will have a sequel. >> for the united states of america, the best is yet to come. >> the original was a drama. but what the sequel needs is action. to it craft a legacy, this president must bring lawmakers together. cliff after cliff, short-term thinking and political bickering at every turn. dysfunction is ruling washington. but look beyond that and this economy is poised for a recovery, a recovery the audience, you, the american people, have desperately been waiting for. businesses hiring, home foreclosures down, the value of your house rising, resilient stock market at five-year highs, historically low interest rates. plus, consumers are still spending. but, beware, most sequels are never as good as the original. so what will obama's economy, the sequel, look like? john avalon is a columnist at the daily beast. international business at the university of maryland, and annie lowrie
they spend, they send to washington every year in taxes, here's what they get back, new jersey. 61 cents. connecticut, 69 cents. new york, 79 cents. in kansas, they might say look, you guys are loading off us every year. you get $1.12 for every dollar you send in. don't they deserve their money back? isn't this a chance to give it to them? >> i don't know what those numbers are but everybody is getting back more than they send in because 40 cents out of every dollar that's spent in washington, d.c., whether it's relief aid or for any other purpose, is borrowed. what we're trying to do here is make certain if we're going to spend $50 billion or $40 billion or $10 billion, it should be done in a fiscally responsible manner, especially if 80% of the aid is not going to be spent until 2015, why do they have to rush it through. there is going to be pork items in this bill, no question. smithsonian, numerous other places have nothing to do with disaster relief. that's what happens around here far too often. that's what i'm concerned about is when we're borrowing 40 cents out of every dollar, w
they look at it this way, for every dollar they send to washington every year in taxes, here's what they get back, 61 cents, new jersey. new york 79 cents. in kansas mayim bialik say you are loading off of us every year. you get 1.12 for every dollar you send in. don't they deserve their money back. >> i don't know what those numbers are. we have an america that everyone is getting more than they send in. 40 cents of every dollar back in washington, d.c. for relief aid or any other purposes is borrowed. what we are trying to do if you are going to spend 50, 40 billion or $10 it should be done in a fiscally responsible manner, especially if 80% of the aid is not going to be spent until 2015 why rush it through? there's going to be pork items, smithsonian and other places have nothing to do with disaster relief and that what happens around here too often. when we borrow 40 cents out of every dollar make sure it gets to those who need it and there are millions of americans in need. >> the congressman when he mentioned the drought affects you in kansas. there's a drought according to the agricul
that could stimulate the economy. the economy and corporate tax reform. corporations, their outreach to business leaders. business leaders are begging for corporate tax reform. to have tax reform being part of a debt deal, all of these things will help get the economy on course faster than it is now. >> listen, it seems to me this is the absolute crux, isn't it? this sort of paralysis we've seen in washington, the very silly behavior that many would see, as we've witnessed in the last two years. this has to come to an end. i'm quite disturbed really, when margaret says john boehner is not going to get in a room and get stuff done. that's what gingrich and clinton did. they fwoet told me that. they learned the hard way when government came to a grinding halt. and that's when they got in a room together. i would like to see the speaker and the president get in a room. i think they've been equally to blame in many ways for this impasse between them in the last four years. i don't want to see them do it the official way. you have a democratic senate, a republican congress, i don't see ho
, the president wants to do tax reform. republicans are over the tax fight. they figure they've done taxes. they're not going to do that, and that's a part of the president's calculation. if he can't get that, what does he do on the spending side? not much. >> thanks very much to all of you. that's interesting. it does seem to many that tax debate is sort of done, republican or democrat. >> right. >> we had that fight, here we are. >> but the one thing the president does get is to choose what the country focuses on. he doesn't necessarily get to choose the results. he gets to choose what the country focuses on so we'll see. this is a big test for him to pick his priorities. >> that's why tomorrow becomes crucial. we'll learn a lot tomorrow. >> coming up, a rare look at a room inside the nation's capitol, a room that only a few people have ever seen. wow. would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age, eyes can lose vital nutrients. ocuvite helps replenish key eye nutrients
in this case may be the calm before the storm as president obama begins his second term. taxes, spending, deficits, gun control, immigration. a lot to do and not a great environment to get it done. but with us now, two men who may not have to worry too much about that, but who may give us great insights if possible to get great things done. barney frank, the former democratic congressman from massachusetts and steve latourette, republican from ohio. first to you, congressman, as the democrat, what does the president have to do differently in the second term to have a more cooperative, working environment. to you, sir, what does the republican party need to do to try to get some things done? >> i have to differ with the preface, john. >> i thought you might. >> barack obama -- look, this notion that partisanship has taken over. it began when barack obama became president. i was chairman of the financial service committee of 2007 in the bush administration and i worked very closely with hank paulson, secretary of the treasury. we worked on putting fannie mae and freddie mac to stop the law
demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun free zones for ours. >> it's a tough ad. dan lothian is at the white house. but i understand the president is fighting back with his own pr strategy because when he makes his big announcement he'll be surrounded by children who wrote letters to him begging for gun control. >> reporter: that's right. you know, we see the white house do this in the past, usually it's around a fiscal fight where the president's putting pressure on congress he'll be surrounded by families from across the country. well, in fact, the president, as you pointed out, will be surrounded by these young kids who wrote letters to the president in the wake of the connecticut shootings. in addition to that, though, a white house official confirming that the president will also be joined with some newtown families, families impacted by the newtown shootings at this event here today. so, clearly this is an effort by the white house to put pressure on lawma
laundering and filing false tax returns. one section here i wanted to read especially for the viewers. it says that ray nagin knowingly devised and intended to devise a scheme to defraud the city of new orleans and its citizens through a bribery kickbacks scheme where his public office would be used to benefit his personal business and to provide him with payment in the form of checks, granted inventory for his business, wire transfers, personal services, and free travel. accusations of uses of limousines and flights and a trip paid to jamaica for his entire family. so as it relates to the tax returns, this, of course, goes specifically after ray nagin, but could also involve the rest of the family because some of the personal financial details will be involved. now, this is involving two business men who, in exchange for paying the former mayor and his company, in turn, this indictment alleges, got millions of dollars in contracts from the city of new orleans for rebuilding after katrina. at a time when ray nagin was tasked with rebuilding his city, in 2006, said he wanted to make su
taxes sapped growth when you're starving for growth? >> reporter: yeah. and christine lagard, the former french finance minister is here. she and others said, yes, it's gone too far. it is stunted growth. while cutting debt, while cutting expenses, it has had the opposite infect. rather than creating growth and creating an environment for businesses to invest because they think governments are being responsible, things have slowed down so much there's been so much unemployment, 11.6% in the euro zone than it's having the opposite effect. we have to find a more dalan ba approach to how we go forward. europe has a disproportionate influence of this conversation. there is a conversation particularly vis-a-vis the united states as to how much is too much and how much austerity, how much in terms of cutting back is actually enough, christine? >> really nice to see you. when you run into indiana jones, he can have his hat back. nice to see you. >> how many bars are there over the world that have pictures of you in them? >> no, i turned 28 at a davos -- last year -- and it was one of the best b
to join in. on the stimulus package, you know why there were so many tax cuts in the stimulus package? he was hoping to get republicans to come in on that. because guess what? republicans are for tax breaks. we all know what the president's space was unprecedented, a set of republican leaders who said from the outset, our number one task is to make sure this president fails. no president had seen that. and understand, we were on the cusp of something almost like the great depression here and republicans stood fast and said our number one priority -- mitch mcconnell, to see the president fail. that's unprecedented. >> i agree that there is some lack of precedent on that. but there is also lack of precedent on the amount of big-ticket items that were passed with nothing but democrat loads. >> listen. >> and it has not helped. i think it's fermented a -- you know, an environment that's become increasingly uncivil. >> all right. we have exhausted this subject. i want to move on quickly and i don't have a lot of time. i want to talk about you said the president seemed antagonistic and other p
and see what did he promise then? complete or incomplete? medicare, social security, deficits, taxes, spending. so, a lot of the things he talked about in the first speech, still with him in the second. >> we're going to talk about a lot more ahead. go live to the white house in just minutes to actually see the president renew his oath of office and, again, his second term. stick with us. >>> also, we'll bring you a candid look at the first family's daily life. first lady has a new agenda. first, this inaugural flashback. >> obama! >> thank you. >> obama! >> thank you. >> there was a magic to the inaugural day for president obama. the first african-american to be president, as if the whole history of our country was coming full circle with the ending of slivery and now the first african-american president. >> the man whose father less than 60 years ago might not have been served at a local restaurant can now stand before you to take a most sacred oath. >> the crowds were reveling in that spirit. 1.8 million than have ever been there before. just the idea that we have come this far as
of federal corruption, including bribery, money laundering, fraud, filing false tax returns. nagin was mayor of new orleans during 2005's hurricane katrina and the aftermath and prosecutors say he used his office for personal gain and accepted payoffs, free trips, and thousands of dollars in bribes. >>> hey, the dow and the s&p 500 ended the week at their highest levels in five years. now, the finish closed out a trade week that saw strong quarterly earnings from reports from major banks. markets also seemed to react positively to signs that the debt ceiling debate could be pushed back a bit. trading resumes on tuesday after the martin luther king jr. holiday. >>> let's turn to the inauguration now. former president bush 41 and 43 were, of course, invited, but they won't be there this time. the elder bush is recovering from a month-long hospital stay after being treated for bronchitis. you remember that. a spokesperson for bush 43 says the former president and his wife, laura, wish the obamas, quote, all the best for a wonderful inaugural weekend. both former presidents attended the first in
tax returns. nagin was mayor of new orleans during hurricane katrina and its aftermath. they say he used his office for personal gain, free trips, payoffs and thousands of bribes. >>> 29 pediatric death this is season from the flu, the number of elderly people hospitalized with flu-like illnesses is also spiking according to the centers for disease control. 30 states now report high levels of the flu. that's six more than last week. for the first time, california is on the list. the season's flu vaccine is only about 62% effective. not a high number, but experts say it's still the best option for staving off the flu. >>> and welcome back to the national mall. we've been getting a musical preview on the mall this morning. bands galore. there's music everywhere. everyone is getting ready for the big party and the big inauguration monday. that includes, of course, on a more serious note, secret service, police and the military. cnn pentagon correspondent chris lawrence is keeping an eye on security for us. good morning to you. how big of an operation is this? how many agencies are part
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on donations? >> there are some tax dollars that go into the ceremony itself and some of the security. but all of the events, the parade, all of the balls, the celebratory events paid through private donations, including the day of service on saturday. a great event. >> a fantastic event. some 10,000 people came through. i was amazed, kudos to you, logistics, so calm. >> our military partner plays such a big part. members of congress and chuck schumer, a great leader. what people have to remember is really only the swearing in itself is what's required by the constitution. the rest of these are traditions started by different presidents. one of the traditions was this day of service which brings us back to martin luther king day, which we are celebrating. and we had folks in all 50 states, staff in all 50 states organizing service events and over 200,000 americans come out and serve
for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. ♪ ♪ ♪ >>>le all right, this was obviously th president as he was looking at the troops, the overview of the troops before the actual parade began. pretty amazing. one of the things i find so amazing about america's military is how precise and perfect their training is. you know that they are trained to take 28-inch steps. >> amazing. >> and they do it, and they don't look down. >> also, americans always go on about how the british do pomp and ceremony better than anyone else, including america. i watched today a lot of the stuff going on, and i thought, america does it pretty well, too. >> really? >> you roll out the barrel for the president, and that was very impressive today. >> it was beautifully done, and it makes us all proud. whether y
cnn. >> if you thought tax hikes would keep people from traveling this year, you may be wrong. >> according to surveys, more executives are planning to travel for business. if you top the save a few bucks, they may be taking the bus. >> if you think it's crowded on the roads and the errors, it's going to get more crowded. business travelers are hitting the road in greater numbers according to a survey and one by frequent business traveler magazine. business travel is far from smooth sailing. travel agents said the cheap issues when it comes to booking trips with limited seat availability and keeping costs down. meantime, business travelers complained of inconsistent experience and almost 3/4 said wi-fi was a huge factor when choosing an airline or hotel. companies like mega bus and greyhound have been experimenting with wi-fi hoping to attract more business travelers. it seems to be working according to a study. bus services saw more growth than either eye or rail travel. who knew? >> coming up, wall street has a sign that apple is responding and the smart phone market could b
is happening in mali, and the developments there. because more of your tax dollars may be going there. >> the funding mechanism for the u.n. mission is still being worked out, but we are assuming that the u.s. will be asked to contribute significantly as we did to the somalia operation. to get a jump on that, we're using some of our existing funding that we already have in the budget and will be going to the congress for additional funding over the coming days. >> chris lawrence, let me go to you, at the pentagon, because you're our pentagon correspondent, i should say. the u.s. will not be sending in ground troops, so how exactly will our military help in mali? >> well, brooke, they're considering sending big air force cargo planes to get more french troops and heavy equipment, vehicles, into the fight there. also considering putting up more drones and spy planes to get a better sense of what is happening on the ground. and they may be sending some aerial refueling craft so those french jets can refuel while they're in the air and do more sustained longer missions. >> why not boots o
their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids. >> i'm sorry, beau. go ahead. finish your thought. >> any american and any law enforcement official would tell you that there's a rationale and a reason, unfortunately, why the president of the united states' children need the secret service around them. especially in the post-9/11 world that we unfortunately live in. so that's obvious, fairly apparent on its face. what that ad is just simply out of bounds. it demonstrates, quite frankly, them being somewhat out of touch. you know, as you heard my father say in the press that he had what he believed to be a constructive meeting with the members of the nra. i hope that we can get back to that kind of constructive discussion rather than leading with what appears to be a well-funded ad that takes on the president on an issue that is just clearly out of the bounds and out of line. >> all right. we're going to obviously get their reaction as well, but beau, i imagine you don't see much of your dad these days. he
because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing problem. >> which is interesting, and that would allow for some things that are dirty and things that are not so dirty, would completely perhaps get rid of this problem after a while. do you think we're headed for a full stalemate? >> it's such a shame. i think david is right because we have low debt service right now. we're paying less interest on our debt than we had in the reagan and bush administrations before because interest rates are so low. >> but they're going to go up one day. >> but not for several years. i'll say it, we should be borrowing more at 30-year, 3% terms, so we can invest in the long-term growth of this economy. this is not the time for further austerity and cuts. if we were even to consider that right now, it would be a disaster. and what we're doing right now as the president correctly said today, is actually making our economy seem more risky and hurti
mr. obama demands the wealthy pay their fair share of taxes but he's another leastic hypocrite when it comes to fair share of security. protection for their kids and gun free zones for ours. >> the new nra ad which i may say i find utterly pathetic. earlier we spoke to the cousins of ashley and they have a website. log on to helpash.org if you want to help. before we go, leave me with an overview of how it has gone tonight. >> it has been a good discussion. something has to happen. i hope the president takes strong measures tomorrow and i hope congress has the courage to back him with the appropriate lesion, although i have my doubt because their past has not been an indication that they will take strong action in the future. i have heard people talk about reality checks. i have been a cop for 42 years. i don't know how many homicide scenes you have been to but i have seen what happens on the street. we are not losing them 26, one or two at a time but every life has value. when you see the carnage on the streets every day. you have to deal with it. >> fascinating debate. thank you v
share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and
of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> the new nra ad, which i may say i personally find utterly pathetic. earlier we spoke to the cousins of ashley moser. they have a website. log on to helpash.org if you want to help. i thank my guests. tomorrow the man who called me a you willy for my take on guns, ben shapiro returns. before we go just leave me with an overview of how you feel this has gone tonight. >> listen, it's been a good discussion. but something has to happen. and i hope the president takes a very strong measure tomorrow and i hope congress has the courage to back him up with the appropriate legislation. although i have my doubts because their past has not been any indication that they'll take strong action in the future. but i'll try to be optimistic. listen, i've heard a lot of people talk about reality checks. i've been a cop 42 years. i've been to hundreds if not thousands of crime scenes. don't know how many homicides you guys have been to. we're not losing the
at their school? mr. obama demands the wealthy pay their fair share of taxes, but he is just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> that ad launched yesterday. today the white house called it, quote, repugnant and cowardly. that's for you to decide. it's clear, though, highlighting nra intransigence is part of the political strategy. the new cnn/"time" magazine poll while momentum for change may be starting to fade, 56% now favor an assault weapons ban compared to 62% immediately after newtown. 58% support a ban on extended magazines. last month that was 62%. however, expanded ckground checks remains very popular with 87% supporting checks on gun show purchases. we'll have more on the politics shortly. but first, the personal two takes on what happened at the white house today. lexy haller, the uncle over noah pozner killed along with colin goddard. collin was shot four times in a classroom at virginia tech. i wuas wondering what your reaction was to what you heard. >> based on what we heard before the an
their fair share of taxes but he is just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> that ad launched today. the white house called it repugnant and cow ardly. highlighting nra intransigence is part of the strategy. momentum for change may be starting to fade. 56% now favor an assault weapons ban compared to 62% immediately after newtown. 58% support a ban on extended magazines. last month, that was 62%. however, expanded background checks remains popular with 87% supporting checks on gun show purchases. we'll have more on the politics shortly. first, the personal two takes on what happened at the white house today. lexi holler, the uncle of noah posner joins us along with colin goddard, slot four times at virginia tech. >>> i was wondering what your reaction was to what you heard? >> well, based on what we heard before, the announcement when the families met with the president and the vice president and during the announcement itself, i was satisfied and pleased to see that the administration is treating this
his lotto winnings at nearly half a million after taxes. >> and the cdc says 48 states now reporting widespread flu cases. more elderly now hospitalized. 29 children have died in the outbreak. >> then there's this, lady gaga about to lose her title as the most popular celebrity in twitter. justin bieber expected to pass her and have the most twitter followers. they each have over 33 million with just 46,000 separating them right now. first the mayan calendar, now this. hard to believe. >> passing of the torch. tonight, the bizarre story of manti te'o's fake girlfriend is only getting stranger. we have more details. the notre dame linebacker isn't talking. others are reportedly pointing fingers at this guy. we'll tell you who he is and what allegations he's facing just ahead. investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide. tdd#: 1-800-345-2550 and no nuisance fees. tdd#: 1-800-345-2550 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and investments tdd#: 1-800-345-2550 with schwab's mobile app. tdd#: 1-800-345-2550 no wonder schwab
and tax and wire fraud. prosecutors say nagin's family members received a vacation in hawaii, first class airfare to jamaica, private jet, a limo cost more than $23,000 as part of these alleged bribes. >>> let's head back to washington now. randi kaye is live this morning at the national mall, ahead of president obama's inauguration. randi, i know that there have to be some heaters out there, some blankets, something! >> oh, yeah. we have quite the setup out here. it's pretty warm, and you can't see it, but i'll hold it up a little bit for you, i actually have a heated blanket on top of me. so they're taking very, very good care of us out here. we'll be out here all morning. the party certainly just getting started here. but then again, there's four years to look forward to. so what issues will define the president's second term? we will take a closer look. >>> but first, all morning long, we'll be taking a look back at past inaugurations. ronald reagan's second inauguration remains the coldest on record and for that reason, they actually took it indoors. we'll be right back. >> i, ronald
the spending cuts and the tax hikes. do you expect this type of relationship, we'll call it that, between the president and congress to continue? >> i do think there will be that antagonism. we have to be realistic about that. i also think there are certain republicans who understand that while the president has to build a legacy, this is also about republican legacy. what kind of party do they want to be in the next four years? do they just want to continue to be the party of the permanent majority in the house, which can obstruct or do they want to focus on how you build towards being a party that can actually win the white house? this is where i think immigration reform comes in. that is a big first step for republicans to show that they understand, especially to the growing latino community, what they need to do in order to bring them in and, frankly, in order to build a path towards winning the white house in 2016 or even beyond. if they don't do that. if they don't focus on trying to figure out a way to get immigration reform done, that's not going to hatppen in our lifetime? thanks
grade. >> guns, tax and immigration. the president signals a second term with more bite than bipartisanship. the tone and the task with senior obama adviser are david plouffe. the republican take with wyoming senator john barrasso, head of the gop policy committee. also, spotlight on the inaugural speech with presidential wordhs
families and for hard-working taxpayers. people feel they want to get value for their tax dollars and they are not getting it now, candy. >> might be a distinction without much difference though people saying i want him to fail and you are saying it is policies, i don't like his policies and if they go in place you certainly you don't want those poll cities to feel. >> this is a time of divided government. we have re-elected majority leadership in the house and we have a re-elected president but it's time to divide a government you can actually do big things for the country. >> so, what big things? what big thing is that -- >> specifically, have to deal with the debt, at $16 interest. you want to continue with the social safety negotiate the good, the bad and the ugly parts of that you have to have a vibrant economy. you have to have growth of the economy, but i need to see policies will actually do that. we don't see them now. >> i spoke with david plouffe in the segment before this. he said that he is confident there are enough vote he is in the huntsd requisite 60 votes in the
. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. >>> the parade has begun. it is moving down pennsylvania avenue. there are marching bands. there are a lot of floats. there's a lot of people who are celebrating this day. an important day in american history. the inauguration of president obama for the second time. kate bolduan is watching what's going on, jeffrey toobin with me as well. once they get to the reviewing stand, they will be saluting all of these participants, and there are a lot of them, who have come to washington from all over the country.
'm so in love with you >> reporter: -- high fashion and high fetching goals. >> revamp our tax code. our gay brothers and sisters, hopeful immigrants. >> reporter: expect president obama to tackle immigration reform first. >> our journey is not complete until we find a way to welcome the striving immigrants. >> reporter: the president overwhelmingly won 71% of the latino vote in november. the american people are on board. a new cnn poll shows 53% believe illegal immigrant should have a path to residency. another goal, national security. >> we the people still believe that enduring security does not require perpetual war. >> reporter: as more u.s. troops leave afghanistan, the president is increasingly focused on a new kind of war fighting, shifting from ground troops to a reliance on intelligence and technology, especially drones. >> after more than a decade of war, we are entering a new phase. we continue the president's overamplging goal which is dismantle and ultimate defeat. he's made great progress. >> reporter: perhaps the biggest reach in his agenda -- >> we will respond to the th
. in the heart of the south we still had literacy tests, people were asked to pay a poll tax. count the jelly beans in the jar. we want people to learn, so many young members of congress have been elected and they have commented. they don't have a sense of history. they need to be able to walk in the footsteps of another generation. >> would dr. king look down on this day and say i'm proud of where the country is or would he say what a distance the country still has to go. >> i don't know whether we would agree on this. but i think he would challenge us about the distance we have yet to go. and to do innovative things, you mentioned the programs and things of bringing people back to the south. we have established the medgar evers institute with the hope that reaching out into colleges and high schools all across the country, that people will learn about that time and find ways in which they can strategize to move us forward technologically, anyway. >> so that's -- >> i would say dr. king would be very proud and very pleased at the distance we have come. but i agree, we would still have a dist
-contra or a success because of the treaty. immigration reform, tax reform. whatever you hear about the second term curse be skeptical. >> is there an annual gis time in history to where president obama is now, some place we're told that lots of time the speech writers and presidents look at past inaugural addresses for inspiration? where in history can this president find that inspiration? >> you know, it's tough to find a time when we've been so polarized. thomas jefferson, people forget under adams and washington, the country was actually much more divided than you would think if you looked at that monument just down the road, jefferson comes into power, a very polarizing figure and in his inaugural address says we are all republicans, we are all federalists. didn't necessarily govern that way but he had the tone right. i think that's what inaugural addresses a week later, very few, you can count on one hand, but second inaugural addresses that people remember. it's the tone as much as anything else and clearly to try to recapture -- you can't capture lightning in a bottle twice but you can conv
's signature health care plan be paid for in part with money from a sugary drink excise tax. the big soda industry lobbying arm, the american beverage association promptly spent $7 billion in a nationwide ad campaign to prevent that from happening. >> we spent money to put the voice of the people on the air, most of that goes for paid media. we were counseled by smart people in congress that this in some quarters might be a viable idea because the pressure for funding was so enormous, rightly so and you couldn't take anything for granted. >> reporter: their lobbying effort paid off, there is no federal tax on sugary drinks. fast forward to today, the centers for disease control says more and more americans are drinking the stuff. the center for science and the public interest, a non-profit consumer advocacy group says sugary drinks are the number one source of calories in the american diet. they put out their famous version of the coca-cola bear called the real bear. ♪ sugar, sugar, so good, so good, sugar ♪ >> coca-cola said "obesity is complex and requires partnership and collaborat
can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant legislation. >> congressman king in the studio after my asking all the time. >> i couldn't stay away from you, soledad. >> she's not really a tough interviewer is she? >> she's very nice and multiracial -- >> are we rolling on this? i love this. keep the nice part. i would appreciate that. >> she was the irish-american woman of the year, there you go. >> and i accepted. nice to have you congressman, appreciate it. >>> other stories making news john has that for us. >> lots of questions about the story involving notre dame's manti te'o and his girlfriend who was supposed to have died but it turns out she never existed at all. so was te'o the victim of an elaborate hoax or somehow involved in a hoax. one thing is crystal clear right now, the university of notre dame is standing by its star player. cnn's ted rowlands in live in south bend, indiana. good morning, ted. >> reporter: good morni
to validate their years of investigation and their millions of federal tax dollars that were spent to build a case against him and he also wanted to be able to rebuild his public image. yet he did neither of those things, he challenged the heart of the anti-doping agency's report was that he actually led and facilitated the use on his cycling team. then the second part of that was even worse because he admitted to bullying, he seemed callous, he seemed rep tillian. it was the sort of thing where anybody who tuned in because they wanted to see contrition, remorse, i don't think people should have to do the contrition cabuki theater, but you don't call up oprah winfrey to do an interview unless you're going to do the oprah winfrey interview. >> does he stand a chance in your mind of ever rehabilitating himself, his image or his career in the sports world? >> let's take the competition piece, you saw it has a lifetime ban on him. the condition for that being removed is him testifying under oath to usada and being willing to name corrupt officials or corrupt cyclist, and he made it clear to opr
tax bill, paid his tab in rolls of coin. stacks of dollar bills. larry casper said he tried to pay half his bill weeks ago but the county would only accept payment in full. so he asked family to empty out their piggie banks. every year at this time, this becomes the park city, utah sundance film festival. sundance traditionally a mecca for independent films. some 50,000 people expected to descend on the town over the next ten days. next week you guys are traveling to sundance, right? >> i'm heading to sundance. i'll be part of those 50,000 people. it's my first time at sundance. >> you are so fabulous, aren't you? >> yes, yes, i'm trying to figure out what to wear. if you have advice, let me know. >> you'll look glamorous, no doubt. >> gloves and boots. >> i'm hearing it's rather cold. >>> it is now 18 minutes after the hour, time to get an early read on your news making national headlines this from the new york daily news as it revisits the story of katie beers. 20 years as a girl she was kidnapped and held for two weeks in a small dungeon-like room. a family aquaintance was convi
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